Manitoba research and development tax credit
grant_single|update February 8, 2025
MN, Canada
Supports R&D expenditures for Manitoba-based corporations
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Professional, scientific and technical services
grant_single|grantors
- Government of Manitoba
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Manitoba Research and Development Tax Credit offers a credit equal to 15% of eligible expenditures for research and development activities conducted in Manitoba, with up to 100% of the credit refundable if undertaken under an eligible contract with a qualifying research institute. The program aims to support businesses with research and development activities, including current and capital expenditures, to foster innovation and economic growth in the province.
grant_single_labels|terms_and_conditions
This tax credit provides structured financing through a combination of refundable and non-refundable credits to support corporations' research and development expenses in Manitoba. The modalities facilitate versatile financial planning by enabling carry-back and carry-forward of unused credits.
- The credit is equal to 15% of eligible expenditures.
- The R&D tax credit is fully refundable if the project is conducted under an eligible contract with a qualifying research institute.
- If not contracted with such an institute, 50% of the tax credit is refundable, with the remainder being non-refundable.
- Unused non-refundable credits can be carried back to the three previous tax years.
- Unused non-refundable credits can also be carried forward to the next 20 tax years.
grant_single_labels|projects
The Manitoba research and development tax credit is available for projects involving eligible expenditures on R&D activities carried out within the province. Key activities typically involve scientific and technological investigation aimed at advancing industry knowledge or capabilities.
- Conducting experimental development or applied research to achieve technological or scientific advancements.
- Carrying out systematic investigations or searches carried on by means of experiment or analysis.
- Undertaking technical support work for experimental development, such as engineering or design.
- Allocating capital expenditures towards shared-use equipment necessary for R&D.
grant_single_labels|admissibility
Eligibility for the Manitoba research and development tax credit is determined based on specific criteria related to the applicant's status and their activities in the province.
- The corporation must have a permanent establishment in Manitoba.
- Eligible expenditures must be made for research and development carried out in Manitoba.
- Expenditures incurred must be either current expenditures or capital expenditures for depreciable property, excluding buildings or leasehold interests in buildings, and include first term and second term shared-use-equipment.
- The corporation may claim any repayments of government assistance related to eligible R&D expenditures.
- Unused non-refundable credits can be carried back three years or carried forward 20 years following the expenditure year.
grant_eligibility_criteria|who_can_apply
This tax credit is specifically for corporations with a permanent establishment in Manitoba that have incurred eligible research and development expenditures within the region. These corporations can claim a credit of 15% on the eligible expenditures, which include costs related to research and development activities performed in Manitoba.
grant_eligibility_criteria|eligible_expenses
The Manitoba research and development tax credit includes various eligible expenses incurred for research and development activities.
- Current expenditures related to research and development.
- Capital expenditures for depreciable property, excluding buildings and leasehold interests in buildings.
- First term and second term shared-use equipment.
- Repayments of government assistance related to eligible expenditures.
grant_eligibility_criteria|zone
Eligible companies for the Manitoba research and development tax credit must have a permanent establishment in Manitoba. This requirement ensures that the tax credit supports local economic development within the province.
- Companies with a permanent establishment in Manitoba.
grant_single_labels|apply
1
Identify Eligible Expenditures
- Determine the eligible research and development expenditures incurred in Manitoba including current and capital expenditures.
- Ensure these expenditures align with the criteria set by Manitoba Finance.
2
Complete Necessary Forms
- Fill out Schedule 380, Manitoba Research and Development Tax Credit, to report your eligible expenditures and calculate the credit amount.
- Complete Schedule 5, Tax Calculation Supplementary – Corporations, entering the non-refundable credit on line 606 and the refundable credit on line 613 as applicable.
3
File Income Tax Return
Submit your completed income tax return along with Schedule 380 and Schedule 5 to the Canada Revenue Agency by the due date.
4
Document Submission Deadline
Ensure all eligible expenditures are identified and submitted no later than 12 months after your income tax return is due for the tax year in which the expenditures were incurred.
5
Monitor Credit Application
- Track the processing of your tax credit application to ensure it is received and processed correctly.
- Contact Manitoba Finance if there are any issues or discrepancies with your submission.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The tax credit for R&D not conducted under an eligible contract is only partially refundable, with 50% being refundable and the remaining 50% being non-refundable.
- Unused non-refundable tax credits can be carried back up to 3 years or carried forward for up to 20 years.
- You have the option to renounce, in full or in part, the R&D tax credit for eligible expenditures incurred during the year.
- Eligible educational institutions involved in the program can be found listed on Manitoba Finance's website.
- Schedule 380 must be completed and filed with your tax return to claim the credit, identifying eligible expenditures within a specified time frame.
Apply to this program
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